LegalZoom.com Inc reports results for the quarter ended in September 30 - Earnings Summary

LegalZoom.com

07/11/2024 04:21

* LegalZoom.com Inc  LZ.OQ  reported quarterly adjusted
earnings
of 17 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 12 cents.  The mean expectation of nine analysts
for the quarter was for earnings of 15 cents per share. Wall
Street expected results to range from 13 cents to 17 cents per
share.
    * Revenue rose 0.8% to $168.60 million from a year ago;
analysts
expected $167.47 million. 
    * LegalZoom.com Inc's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $11.05
million.
    * LegalZoom.com Inc shares had risen by 19.1% this
quarter and
lost 33.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for LegalZoom.com Inc
is $7.00 
This summary was machine generated from LSEG data November 7 at
04:21 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.15           0.17           Beat
 Jun. 30 2024      0.09           0.10           Beat
 Mar. 31 2024      0.10           0.09           Missed
 Dec. 31 2023      0.10           0.13           Beat